Angola and Argentina negotiate credit line

18 November 2014

The governments of Angola and Argentina are negotiating the opening of a credit line for the agricultural projects of businessmen from both countries, the Angolan foreign minister, Georges Rebelo Chicoti said Monday .

The minister noted that Argentina is one of the “major suppliers” of agricultural goods and equipment to Angola, hence the aim of opening a credit line to foster this relationship.

As part of the working visit by the Deputy Minister for Foreign Affairs of Argentina, Eduardo Zuain, which began Monday in Luanda Chikoti noted a joint interest in developing cooperation in the industrial sector, and Argentina showed interest in entering the oil sector.

Zuain’s visit to Angola continues until Tuesday and aims to prepare the second session of the bilateral commission for cooperation to be held in 2015, the Angolan government, said.

Angola and Argentina signed a General Cooperation Agreement in August 1985 and three years later signed several legal instruments, including the General Agreement on Economic, Technical, Scientific and Cultural Cooperation. (macauhub/AO)